The Trump administration has just taken a new step in the regulation and integration of cryptos in the United States. President Donald Trump signed a presidential decree which establishes a Bitcoin Strategic Reserve and a Stock of digital assetsan initiative that transforms the American approach to cryptocurrencies.
A digital “Fort Knox” funded by seized assets
There Bitcoin Strategic Reserveinspired by the Fort Knox model for gold, will be fueled by Bitcoins seized during legal proceedings. According to the Crypto advisor to the White House, David Sacksthis initiative will not cost “Not a penny to taxpayers”. Indeed, the 198 109 BTC currently held by the government – of an estimated value at $ 17 billion – will be assigned to this reserve.
Unlike regular bitcoin sales seized in recent years, the new Trump administration policy implies that these bitcoins will not be not sold but kept as value reservelike the gold reserves of the United States.
The decree provides also the creation of a Stock of digital assetscomposed of other cryptos seized, but without additional acquisition by the government outside these procedures.
A strategic and political turn on cryptos
This decree marks a radical change in the Donald Trump policy on cryptos. First skeptical about Bitcoin during his first mandate, Trump gradually adopted a Pro-Crypto posture. Upon his return to the White House, he prohibited the creation of a digital dollar (CBDC) and positioned himself in favor of Stablecoins backed by the dollar.
Of the July 2024Trump had promised the creation of a Bitcoin Federal Reserveconsidering that the United States should become the World City of Cryptos. The objective of this initiative is to attract investors and strengthen the status of Bitcoin asstrategic active in the United States.
An ambitious but controversial project
If this decree strengthens the presence of bitcoin in American economic policies, it also arouses questions and criticisms. Some experts highlight the absence of a detailed plan For the use of these reservations and are concerned about a possible conflict of interest between Trump and his advisor David Sacks.
Others question the viability of a reserve integrating more volatile altcoinslike Solana and Cardano, which could compromise the stability of this national strategy.
The White House has announced that More details would be unveiled at the Washington Crypto summit, scheduled for March 7an event chaired by David Sacks and bringing together several large figures in the crypto industry.
Donald Trump's decree could mark a turning point in the history of cryptos in the United States. It remains to be seen whether this initiative will hold its promises and if it will allow the country to assert oneself as an essential leader in the cryptos sector.
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